Common and Class B stockholders will receive distribution of Class B Stock

EAST AURORA, NY, August 21, 2014 - Astronics Corporation announced a 20% stock
distribution of Class B Stock to holders of both Common and Class B
Stock. Stockholders will receive one share of Class B Stock for every five
shares of Common and Class B Stock held on the record date of September 5, 2014,
with an ex-dividend date of September 3, 2014. Fractional shares will be paid in
cash. The Company expects the new shares to be distributed on or about
September 19, 2014.

The full text of the press release is furnished as Exhibit 99.1 to this report.